The SEC has issued a warning about scams involving “crypto asset securities” while apparently dropping this term

A US judge has reportedly accused embattled former FTX executive Ryan Salame of providing false testimony during his guilty plea last year. District Judge Lewis A. Kaplan indicated in court on Thursday that he may have to sanction Salame, though he didn’t specify the details of what that punishment might look like, according to a […]

The chief executive of stablecoin issuer Circle (USDC) says that the firm is moving its headquarters to New York City. In a new thread on the social media platform X, Circle CEO Jeremy Allaire says that the company is moving to New York from Boston to immerse itself in the world of Wall Street as […]

Is Bitcoin back? For at least a little while, it feels like it may be. This time last week, it was trading for $53,229. It’s now trading above $60,000, according to CoinGecko. That’s a 12% rise over seven days, and a threshold unseen since last month. The price rise came as traders grew more confident […]

MicroStrategy announced it had purchased 18,300 Bitcoin for $1.11 billion, boosting its total holdings to 244,800 BTC acquired for $9.45 billion. The business intelligence firm, led by Bitcoin bull Michael Saylor, has been steadily accumulating Bitcoin as part of its corporate strategy since 2020. MicroStrategy’s latest billion-dollar purchase was conducted at an average price of […]

Despite Bitcoin dipping slightly to $57.3K and Ethereum dropping to $2.3K over the past week, altcoins are seeing a resurgence. The fear, uncertainty, and doubt (FUD) surrounding major crypto assets have eased, allowing several altcoins to rebound with minimal resistance. Despite Bitcoin's slight dip ($57.3K) and Ethereum's bigger dip ($2.3K) over the past week, altcoins […]

Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting or denying violations. 5 States Reach Settlement With GSB Group Over Unregistered […]

The company’s focus will be on developing artificial intelligence with 3D perception.

MoonPay has been registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This registration may allow the company to establish local payment processing relationships across the country. As a result, Australian users of MoonPay could have access to alternative payment methods, including Osko and PayID. Meeting […]

Price of Dogecoin soars over 5%, while trading volume skyrockets 50%, turning heads in cryptocurrency market.

BlackRock, the prominent American multinational investment management corporation, has once again emphasized the enduring belief surrounding the Bitcoin potential as a strategic asset. In a recent statement, the firm reiterated a school of thought that has been gaining momentum within the financial world for years. According to the investment company, BTC is a good tool […]

Shiba Inu’s key metric has shown substantial spike since yesterday morning

Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing. Santiment tells its 188,000 followers on the social media platform X that lending platform Aave, metaverse project Decentraland (MANA) and indexing protocol The Graph (GRT) seeing large short ratios on Binance, the largest […]

The number of US banks with major issues is on the rise, according to the Federal Deposit Insurance Corporation (FDIC). The agency’s Second Quarter 2024 Quarterly Banking Profile shows the number of lenders on its “Problem Bank List” rose quarter-on-quarter from 63 to 66. It’s the fifth consecutive quarterly increase of banks rated 4 or […]

TL;DR Wormhole has integrated World ID with the Solana blockchain, allowing Solana developers to access identity verification features. World ID, which has been subject to audits due to its controversial nature, is used to confirm the authenticity and humanity of users, helping to identify real people. The smart contracts associated with this integration are being […]

Top meme coins can’t catch a break, but Pepe Unchained continues to show strength. One week ago, the Pepe Unchained ($PEPU) team celebrated raising $12 million at presale – today, they just hit $13 million. Interest in $PEPU is exploding, but it’s almost time for another presale price hike. Pepe Unchained’s success is thanks to its […]

Bitcoin’s recent price movements have caused concern among investors about what might come next. However, by looking at key indicators such as the 200-week moving average, Pi Cycle Top Indicator, and the Golden Ratio Multiplier, we can gain insights into potential support and resistance levels for Bitcoin. Leaning Bearish? In recent weeks, Bitcoin’s price has […]

Earn Alliance has launched Magic Muffins, a new tap-to-earn combat game on Telegram, allowing players to customise and battle with unique muffin avatars. Over 5,000 players participated in the initial phase, with an average session time of 10 minutes, spending 1.3 million in-game gold and 45,000 ALLY tokens on chest purchases. Players assemble teams of […]

This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.

Cardano recently surpassed $6 billion in transaction volume within the last 24 hours, marking a significant milestone for the blockchain platform, according to data from @intotheblock. This impressive achievement coincides with the two-year anniversary of the Alonzo Hard Fork, a transformative event in the history of Cardano. JUST IN: Cardano has surpassed 6 billion dollars […]

Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial to the ministry,” the country was open to new ideas, trying not to mix politics and commerce. This hints at the yuan’s adoption for this purpose. […]

Kraken, which is facing several allegations brought by the Securities and Exchange Commission (SEC), is now seeking a jury trial in the lawsuit against it, according to a court filing on Thursday. The exchange also argued that the existing legal frameworks do not cover cryptocurrencies, thus they cannot be termed securities. A Legal Pushback from […]

As the cryptocurrency market continues to evolve, a new contender is emerging that has caught the attention of Ethereum (ETH) and Bitcoin (BTC)

Cardano has surged over 10%,  breaking a key resistance level, and is now testing higher prices. Despite the bullish momentum, on-chain data reveals that long-term holders are beginning to take profits. The ratio of daily on-chain transactions in profit to loss has turned positive, suggesting that many investors are capitalizing on recent gains. As the […]

Ripple’s Stuart Alderoty slams SEC’s inconsistent crypto regulations as pretzel of contradictions

The U.S. government is quietly pressuring Nigeria to release Tigran Gambaryan, a Binance executive detained in the country since February. Gambaryan has reportedly faced serious health issues while in custody, prompting calls for his release on humanitarian grounds. Humanitarian Concerns According to a New York Times report, two anonymous senior State Department officials revealed that […]

Bitcoin has climbed back to $60,000, fueled by anticipation of a Federal Reserve interest rate cut expected next week. Bitcoin’s rally comes as markets prepare for the possibility of a 25-50 basis point rate reduction, a move that many believe could further boost BTC and risk-on investments. Earlier this summer, Federal Reserve Chair Jerome Powell […]

Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.

Source: www.financemagnates.com Stablecoins are increasingly reinforcing the dominance of the U.S. dollar worldwide, particularly in regions where access to USD is limited. According to a recent report from Visa, Castle Island Ventures, and Brevan Howard Digital, stablecoin adoption is rising steadily, transcending the typical market fluctuations of cryptocurrencies.  In August alone, stablecoin transaction volumes reached […]

The United States Securities and Exchange Commission (SEC) has expanded its lawsuit against Binance. The updated legal filings now include a wider range of tokens, with Axie Infinity among those listed as securities. In the latest update to the SEC v. Binance lawsuit, the regulator has accused Binance and its US affiliate, BAM Trading, of […]

Mr. Trump said he would introduce the project on Monday, continuing his embrace of the crypto industry, a major source of political donations.

Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure […]